There are so many causes of property damage and accidents to third parties: e.g. defective products, insufficiently maintained equipment or improper machine handling.
Business premises risk: Risks relating to buildings, premises, plants or properties.
Example: Part of the ceiling comes loose at your store and injures customers.
Operational risk: Risks brought about by day-to-day operations.
Example: While building work is underway, a wall collapses and injures someone.
Product risk: Risks arising from manufactured, processed or sold products.
Example: A machine you manufactured explodes and destroys parts of a building.
Environmental risk: Risks to which the company is exposed as a result of an unexpected environmental incident.
Example: A neighboring plot of land is contaminated by leaking liquid.
Additional benefits of the basic insurance include the following:
Dismantling and assembly expenses: A drive motor you have manufactured for a machine does not produce the required power and has to be removed from the machine to rectify the fault and then reinstalled. The costs for dismantling and assembly are insured.
Determination and remedy costs: As a water pipe you supplied is leaking in a building, the defective section has to be found using a pipe camera. The costs for the search with the camera are insured.
Loss of use: The driving roller you manufactured for a conveyor belt breaks, causing the conveyor belt at your customer’s premises to stop. The loss of earnings for your customer due to the downtime is insured.
Recall costs: The coffee machines you manufactured have safety defects that could lead to bodily injury and must therefore be recalled. The costs for the recall, such as transportation and return costs or travel costs for employees, are insured.
Losses incurred in combining, mixing and further processing: A substance you supplied is used to produce a drink. As the substance does not have the right consistency, the drink is unpalatable. The manufacturing costs of the drink incurred by the producer are insured with the exception of the substance delivered by you.
Extended loss to property in the custody of/worked upon by the insured: While a customer’s TV set is being repaired, it falls to the ground and is destroyed. The destroyed TV set is insured.
Extension of the territorial area of applicability to the USA and Canada: A cheese you supplied to the USA leads to food poisoning. The bodily injuries in the USA are insured.
In principle, no.
One exception is car dealers, who have to have coverage pursuant to article 71 of the Swiss Road Traffic Act. Furthermore, there may be cantonal regulations for certain activities that provide for mandatory commercial liability insurance.
Yes, as part of the insurance coverage, Zurich will also cover defense against unjustified claims.
Yes, the legal protection provided for in the commercial liability insurance is limited to civil liability law in connection with an event of a loss covered by the insurance.
For comprehensive legal protection, you will need separate legal protection insurance (e.g. Orion).
In principle, yes, except when the product risk is explicitly excluded in the contract.
This contract covers damages occurring anywhere in the world, with the exception of the USA and Canada.
Yes, all locations in Switzerland are covered.
For SMEs, Zurich recommends a sum insured of 5–10 million francs.
Our quotes already include a non-binding, industry-specific proposal.
We would be delighted to provide you with personal advice.
In principle, no.
However, this may be agreed in certain cases against a correspondingly increased premium.
Yes, we grant a 10% discount to start-ups for the first three years of the insurance.
No, that is not possible.
For the premium calculation, with just a few exceptions we need to know the total gross payroll subject to AHV and turnover.
Simply contact your nearest Zurich agency or call us toll-free at +41 41 528 29 75.
